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Eastman Kodak announces film price hikes


Tim Tyler

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Eastman Kodak Co., the world's largest maker of photographic film, said Monday it is raising prices by as much as 17 percent on a variety of its film products.

 

The company cited rising costs for raw materials such as silver and petrochemicals. The company also attributed the price increases to growing expenses for packaging and transportation, which are tied to higher energy costs.

 

Price hikes for consumer and professional films will range from 3 percent to 17 percent, and price increases for some motion picture films will range from 3 percent to 5 percent, the company said

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